How does Case proctoring work?

Taking my first proctored case study by a HH (the last was just a 48hr window) and would be curious to hear how the proctoring works. Will I be limited to one window? Is there a lockdown browser? Also, how should I approach a 3 hr case with a model template, any guidance on time allocation? Tips for the debrief?

6 Comments
 

You have to screen share. I seriosuly doubt any HH is actually watching you for 2 1/2 hours, just seems like a huge waste of time. Cheating in these cases is usually prominent anyways. I don't think you need to per say since by the time you are at a case you should be able to mechnically bulid a LBO already quickly. Would spend ~1/2 of your time on the mechanical bulid and 1/2 on the write-up / actually justifying your assumptions by trying to understand what the business actually does. 

 

Pretty typical for a larger-UMM off-cycle seat. You’ll have a large initial fit screen (could be dozens), then a hard cut via model/LBO test, followed by a deeper case or deal discussion. It's really the debrief that determines if you move on, most people pass the actual modelling part by that stage. For firms that do just modelling test, usually superday has a case. Almost every off-cycle process will have a case or mini-cases in your interviews to see how you think like an investor.

Superday is by far hardest and lowest odds part. It's typically hours with the mid-levels and seniors: where anything is fair game across technicals, hyper-specific questions on deals, fit questions, etc. and any one bad answer can eliminate you from a process. More instances than you'd think where one person not liking you during a super day out of the 10 you speak to gets you dinged. It's usually 1 offer out of per 5-7 people. Sometimes there are superdays with 0 people hired.

 

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